When using the OGSM approach to strategy, I often come across the question of how many initiatives a strategy should have. In the following, I summarize what works best in my experience. When developing the implementation plan for your strategy, …
What Comes First: Objective, Goals Or Strategy?
In business, objectives, goals and strategies are often used interchangeably when describing a company’s direction. Yet they are very different. Which one comes first – and does it really matter? When developing a business strategy, first decide your objective, i.e. …
Should Small Businesses Do Strategic Planning?
In small businesses strategic planning is often brushed aside as being too costly and time-consuming and taking too much attention away from operations. However, without a strategic plan, a business would lack the clear sense of direction it needs to …
What Should The Agenda Of A Strategic Planning Meeting Look Like?
If you have been asked to prepare the agenda of a strategic planning meeting but are not sure what to include, look no further. I have scoured over the many strategy workshops I have held to consolidate my insights into …
How to Set Effective Measures to Implement Your Strategy
When using the OGSM methodology or developing any strategic plan, it is important to define strong measures that drive strategy implementation. This is how you turn your strategy into results. Measures are the M in OGSM and include key metrics …
How To Develop Strategies That Work?
Making smart strategic choices is critical for any business, particularly small businesses. But when searching online for guidance on how to develop strategies, I have been frustrated to find mostly theoretical or conceptual answers which are primarily geared towards larger …
How To Set Clear Goals For Your Strategic Plan?
During our annual planning meeting earlier this year, my team asked some really good questions about setting strategic goals and I decided to write down the answers because they vastly improved our strategic plan for this year. Here they are. …
How To Write A Great Objective For A Strategic Plan?
A great strategic plan must give clear direction to the business about where it is going and how it will get there. And this starts with a great objective statement. The objective is a written, qualitative statement describing the direction …
How To Prepare For Facilitating A Strategy Workshop
You have been tasked with facilitating a strategy workshop but are not sure where to begin? Don’t worry. This detailed 14-step checklist will set you up for success.
Top 6 Strategy Workshop Tools and How to Use Them Most Effectively
Great strategy workshop facilitators are resourceful, think well on their feet, and have the right workshop tools at their disposal to get everyone involved and turn lively discussions into meaningful insights and results. Here are my top 6 most favorite …